Small Business Ideas

How to plan and start a small business ?

 

How you get to where you're going depends on where you are now. That holds true in planning a business too. We can't tell you what to do until we know what you've done and what you know.

 

go and make someone fool

 

What kind of business are you looking to invest into? Affiliate? Direct sales?

 

Make out a business plan first then get registered.

 

It's a vague question really, however the best advice I could give is find out where you want to go, know why, get the best (tools, ppl, etc), and then fully jump into things. Don't allow you focus to shift and don't get discouraged if things don't always go your way.

 

1. Come up with an idea, product or service. Put it down on paper. You're more likely to succeed if you plan. Put down things like name of the business, what resources you need, short and long term business and financial goals.
2. Chart your way to financial success. What price do you intend to sell your product or service for? How much will it cost you to produce? Work out a roughly estimated profit remembering to factor in fixed costs like rent, energy etc.
3. Check out your competitors. How much are they selling a similar product for. Can you add something to it to make yours different and hence a better price?
4. Put down your Unique Selling Proposition. Also how are you going to market your product? Via newspapers, a website, through word of mouth?
5. Decide what type of business you would like to be -- an incorporation, LLC, etc. This is important for tax purposes.
6. Think of how you're going to finance your business initially. The bank, venture capitalists, angel investors, SBA grants(government), your own savings are all options. Remember the four F's for invesment: founders (people who share your idea), family, friends and fools.
7. Make your product(s) or service available to customers using your marketing strategy above.
8. Keep a close eye on your running costs and keep them in-line with your projections.

 

It just depends on what you want to do .Maybe you can consider doing wholesale to start a small business.

 

just check out your competencies and hit on the nail head

 

depend what you are interesting.

 

Just be clear on what strategy you need start a small business.If you are clear then i can suggest some ideas or tips.

 

A small home business can be a great way to bring in some extra cash or a stepping stone to finding freedom from your regular day job.

 

This post on business growth may help you a bit

 

a lot of text available on entrepreneurship which will help you start small businesses

 

First you have to take a look of yourself, your capabilities which area of business is suitable for you, like computer, general store or many type of services, then you have to show or tell your ideas to someone expert in the field of your interests,, you have to also take a look at your financial resources and insurance policies. A partner who is highly skilled and experienced should be chosen as a companion or consultant.

 

Read a book called Duct Tape Marketing. It's very useful for small businesses.

 

I'm too interested for making money online. But I don't know how I do.

 

Affiliate marketing is the best online business.

 

run a shop

 

Its good you start a small business, for its if you face some financing problem.then you can consult with a Bank and lender .In the current market condition small business is a good idea .